Malta
Tain offers one-minute wagers through new Fast Bet service
Tain, the gaming software and solutions provider, has successfully launched its new Fast Bet sports betting service.
Fast Bet gives punters the opportunity to place wagers on whether incidents will take place within a defined period during a sports event.
Markets for football matches include whether there will be a goal, corner, free-kick, goal-kick, red card or throw-in during the period, with Fast Bet also available for other major sports. Punters simply click on an event and select the timeframe, which could be as little as a single minute.
Fast Bet – which Malta-based Tain is to showcase at next month’s ICE 2017 event in London – enhances Tain’s already comprehensive sportsbook service.
Tain Managing Director Mathias Larsson said Fast Bet offers operators the opportunity to differentiate themselves from the rest of the sector.
“Sportsbooks that can offer something different will be the ones that prosper in a competitive marketplace,” said Larsson. “Fast Bet is an exciting new service that can help operators to stand out from the rest.
“Fast Bet is ideal for those punters who become bored through having to wait until half-time or full-time to see their bet settled.
“Sports fans can put their knowledge and expertise to the test over a limited period of time. If they think a spell of attack is certain to lead to a goal, or if they think a couple of bad tackles might culminate in a red card, the Fast Bet service is perfect for them.”
Fast Bet is the latest enrichment to Tain’s service since it was acquired by XIN Gaming last June.
Last month it was announced that Tain would increase the number of live events it covers each month to 23,000. In increasing the number of sports covered to 50, Tain now offers markets on the likes of curling, biathlon and water polo, as well as traditional major verticals such as football, tennis and US sports.
Larsson added: “Tain now offers the extras that complement its fully-managed sportsbook. Operators are excited by our enhanced service, and we look forward to displaying our offering to the rest of the sector at ICE 2017.”
The Fast Bet service will be demonstrated at Tain’s stand (S1-342) at ICE 2017.
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About Tain
Tain is one of the most established content and technical services providers in the online gambling industry, having been founded in 1999. Tain’s strengths are its in-house products, including a market-leading gaming platform, payment gateway, casino games, and a comprehensive sports book and odds feed. Tain has also integrated top-tier game providers such as NetEnt, Evolution and Play’nGo.
Contact information:
Mathias Larsson
Managing Director
Industry Awards
BETBY Wins in Three Categories at the MiGEA 2024 Awards
![betby-wins-in-three-categories-at-the-migea-2024-awards](https://igamingradio.com/wp-content/uploads/2024/07/132839-betby-wins-in-three-categories-at-the-migea-2024-awards.jpg)
BETBY has achieved a remarkable milestone by winning in three prestigious categories at the MiGEA 2024 Awards. The company took home recognitions as “Best Online Sportsbetting Supplier,” “Most Innovative AI-Based Sportsbook Product” and “Best Workplace of the Year”.
“This triple victory is a reflection of our team’s relentless dedication, creativity and passion. We are immensely grateful to our incredible team, supportive partners, and loyal customers who have been with us on this journey. Your trust and belief in us have been instrumental in our success,” the Company said.
“As we celebrate this fantastic achievement, we remain focused on driving further innovation and excellence in the iGaming industry. Here’s to many more wins, groundbreaking advancements, and exciting times ahead!”
The post BETBY Wins in Three Categories at the MiGEA 2024 Awards appeared first on European Gaming Industry News.
Latest News
IGT and Churchill Downs Incorporated Pioneer Historical Horse Racing (HHR) in Malta with National Lottery Plc
International Game Technology PLC and Churchill Downs Incorporated announced that they have expanded their HHR technology footprints to Malta via an agreement with National Lottery plc, a subsidiary of IZI Group. As per the agreement, IGT product will initially represent 100% HHR floor share at National Lottery’s first HHR venue, IZIBINGO situated in St. Paul’s Bay, and Exacta Services Inc., a subsidiary of CDI, will power the property’s gaming floor with its Exacta Connect system solution. IGT and Exacta will also power HHR at several other National Lottery gaming venues throughout the island. These landmark deployments mark the world’s first HHR technology deployment outside of the US.
National Lottery plc will launch its HHR offering with more than 80 IGT HHR games on proven IGT hardware including the PeakSlant49, PeakSlant32 and Cobalt27 cabinets. Players will have the opportunity to enjoy HHR-versions of award-winning games such as Prosperity Link and player-favourite IGT classic games such as Cleopatra Gold, Wolf Run Gold and Stinkin’ Rich Skunks Gone Wild. Exacta Connect will be the driving force with its all-in-one pari-mutuel system, ensuring the gaming floors are compliant, running smoothly and driving handle.
“Exacta is thrilled to announce our new partnership with IZI Group and IGT in Malta, which marks an exciting first step towards our international expansion. The flexibility of our Exacta Connect system in adapting to different markets and legislative environments, coupled with the thrill of HHR gaming, continues to drive this growth,” Jeff Lind, President of Exacta Systems, said.
“We are excited to launch the first-ever HHR offering outside the USA. This first installation at IZIBINGO and other sites within our lottery network in the coming weeks is the result of extensive efforts and represents a significant step in our mission to innovate the operations of the National Lottery. Our collaboration with Exacta and IGT, two of the world’s leading technology providers in this market, enables us to establish the ideal showcase for this offering, as we endeavor to expand this concept internationally,” Johann Schembri, Chief Executive Officer of National Lottery plc, said.
“Expanding our Historical Horse Racing footprint in Malta is an exciting growth milestone for IGT and a testament to the quality and global relevance of our HHR content and hardware portfolio. By offering players HHR-versions of highly popular IGT games such as Prosperity Link and Cleopatra, National Lottery plc is extending the reach of some of the gaming industry’s most celebrated content in a format that players readily enjoy,” Nick Khin, IGT Chief Operating Officer of Gaming, said.
The post IGT and Churchill Downs Incorporated Pioneer Historical Horse Racing (HHR) in Malta with National Lottery Plc appeared first on European Gaming Industry News.
Compliance Updates
Malta Gaming Authority Reminds Licensees to Notify Material Outsourcing Within 30 Days
![malta-gaming-authority-reminds-licensees-to-notify-material-outsourcing-within-30-days](https://igamingradio.com/wp-content/uploads/2024/07/132771-malta-gaming-authority-reminds-licensees-to-notify-material-outsourcing-within-30-days.jpg)
The Malta Gaming Authority (MGA) has issued a reminder to licensees regarding the necessary compliance procedures for outsourcing activities related to material supplies, critical supplies and key functions.
According to the Gaming Authorisations and Compliance Directive, licensees must adhere to the Policy for Outsourcing by Authorised Persons. Licensees are required to notify the MGA within 30 days when outsourcing material supplies.
For outsourcing activities deemed to be critical supplies or critical services, prior approval from the Authority is mandatory. This approval must be secured before entering into any agreements, MGA said in a statement.
Outsourcing requests should be submitted through the “Operational – Outsourcing Arrangements” application on the Licensee Portal. Key Function applications need to be submitted directly by the respective Key Person via the “Personal Portfolio” on the Licensee Portal.
Furthermore, if licensees require the MGA’s formal approval for any outsourced business arrangements with third parties, known as “Shared Conduct Agreements,” a specific procedure must be followed to obtain this approval.
The post Malta Gaming Authority Reminds Licensees to Notify Material Outsourcing Within 30 Days appeared first on European Gaming Industry News.
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